Snapshot

 

 

Denim is a textile of sturdy cotton warp-faced twill in which the weft passes under two or more warp threads. It is a characteristic of most indigo denim that only the warp threads are dyed, whereas the weft threads remain plain white. 
Denim industry has low technology barrier and is labor intensive industry. Currently, there are many producing companies in the world denim industry. The main market players are Canatiba, Vicunha, Isko, Arvind and Aarvee. The production of denim will increase to 6990.2 meters in 2016 from 5423.0 meters in 2011 with average growth rate of 5.21%. Global denim capacity utilization rate remained at around 79.78% in 2015.

In consumption market, the global consumption value of denim increases with the 4.38% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 35.36% of the global consumption volume in total.

 

  • 3.1%

    Expected CAGR for the forecast period, 2018 and 2025